Oil Jumps to $106, Signaling Another Gas Price Hike

Wilbur
Apr 29, 2022

NM GAS REPORT

Oil closed over $106 a barrel Thursday on news that Germany will begin looking for alternatives to Russian oil, opening the door to a European Union embargo. After a week of crude prices trading between $95 and $100 a barrel-and national gas prices remaining steady around $4.10 a gallon-commuters can expect the price at the pump to follow crude’s upward…

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Wilbur

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